-The Hindu The former Chief Economic Adviser on India’s current slowdown in economic growth and the mix of policies needed to reignite it In a career spanning more than four decades, economist Kaushik Basu has donned many hats. He was Chief Economic Adviser to the Government of India (2009-2012) and Chief Economist of the World Bank (2012-2016). At present, he is Professor of Economics and the C. Marks Professor of International Studies...
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Puri defies economists, says Delhi metro woes not due to fares -Jasmine Shah
-The Indian Express DMRC and Union minister for urban development Hardeep Singh Puri are right that the daily ridership of Delhi metro hasn’t declined by 3 lakhs due to fare hike. It has declined by 4.8 lakhs. Economists are frequent targets of ridicule by politicians for failing to predict crises or having vastly differing opinions of major economic events (e.g. demonetisation). But all economists agree on one fundamental tenet — demand reduces...
More »All that Gauri Lankesh stood for -Yogendra Yadav
-The Hindu Her murder is an attempt to kill an idea What killed Gauri Lankesh? This is not the same question as “who killed Gauri Lankesh?” This is deeper and a more rewarding question. In any case, this is the only question we can meaningfully answer in the public domain. A murder involves four categories of culpability: those who carry out assassination, those who conspire, those who encourage or benefit from it,...
More »MS Swaminathan, father of India's Green Revolution, interviewed by Vidya Venkat (The Hindu)
-The Hindu Fifty years since the Green Revolution, the architect of the reform highlights the crisis facing Indian agriculture today It is 11 years since agronomist M.S. Swaminathan handed over his recommendations for improving the state of agriculture in India to the former United Progressive Alliance government, at the height of the Vidarbha farmer suicides crisis, but they are still to be implemented. To address the agrarian crisis and farmers’ unrest across...
More »Social damages might have more lasting impact on economy than wrong policies: Economist Kaushik Basu
-PTI India is a society that is poor, but is respected for its Scientific temper and research, and "we should not backtrack on that," the former World Bank chief economist said. Mumbai: Amid a debate over incidents of lynching, noted economist Kaushik Basu has warned that social damages could have a long-lasting impact on the economy than some wrong policy moves, “such as demonetisation”. Delivering the 23rd Lalit Doshi memorial lecture here...
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